Develop a business into a franchise with The Franchise Shop franchise consultants
When a business reaches local market saturation and new capital is required in order to expand, franchising can often be the ideal solution and an unbeatable method of revenue generation.
By developing a business into a franchise, the business owner sells the right to operate an outpost of their business to a franchisee, who uses the businesses proven methods, systems and practices to generate their own income, from which they pay the business owner, now the franchisor, a pre-negotiated fee.
The initial process of taking a business and developing it into a franchise can be very complicated and daunting and should not be done without seeking advice. The Franchise Shop is a team of experienced franchising professionals passionate about turning businesses into successful franchise operations.
The Franchise Shop is a successful franchise consultancy thanks to their deep belief in the concept of the very business they operate within. To them franchising is about business people working together and sharing knowledge to create bigger, better organisations that offer future prosperity for all parties involved.
There are four simple steps to taking the daunting task of developing a business into a franchise and making it a hassle free process. The Franchise Shop franchise consultants are confident that with their four step process, business owners and future franchisors will feel completely at ease and excited about the new direction their business is headed in.
Step one is an initial face to face meeting where a The Franchise Shop franchise consultant visits the client to discuss their thoughts and dreams for franchising their business. This is a no obligation, no fee discussion where all the client's questions are answered and they gain a better understanding of what's involved in developing a franchise and whether franchising is right for their business.
The second step is a series of meetings and external research to investigate the feasibility of the business becoming a franchise. This study is conducted by The Franchise Shop's franchise consultants in conjunction with the client over four to eight hours of face to face meetings at the client's place of business.
Thirdly, The Franchise Shop franchise consultants will undertake all the consulting and development work necessary for the client to become a franchisor. Based on the information gathered in step two, the meetings conducted, and the information gathered in research, The Franchise Shop will prepare all documents required to grant the first franchise.
Finally, The Franchise Shop franchise consultants will facilitate the provision of a franchise agreement, a legal requirement for any franchise operation, and provide the franchisor with all the professionally prepared, fully code compliant and easy to use franchising essentials required to turn their business into a franchise.18.10.2011